Reliance Industries m-cap goes past Rs 15-lakh crore mark as shares jump

The market heavyweight stock jumped 4.12% to close at Rs 2,388.25 on the BSE

Reliance is the first domestic company to attain this historic feat. Credit: Reuters Photo

The market valuation of Reliance Industries Ltd jumped to a record Rs 15 lakh crore on Friday, becoming the first domestic company to attain this historic feat.

Helped by gain in its share price, Reliance Industries market capitalisation (m-cap) reached Rs 15,14,017.50 crore at close of trade on the BSE.

The market heavyweight stock jumped 4.12 per cent to close at Rs 2,388.25 on the BSE.

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During the day, it zoomed 4.38 per cent to a record Rs 2,394.30. Reliance Industries, the most valued firm by market valuation, was the biggest gainer in the Sensex pack.

On June 3 this year, Reliance Industries' market valuation crossed the Rs 14 lakh crore mark. Gain in Reliance Industries also helped rally in the BSE 30-share benchmark index which closed above the 58,000-mark for the first time on Friday.

Shares of Reliance Industries have gained over 20 per cent so far this year.